New Delhi, March 17 -- Poonawalla Fincorp share price jumped by more than 3% after the company broadened its range of products with the introduction of its Commercial Vehicle (CV) Secured Loan Business. This new service is intended to strengthen the vital logistics and supply chain industries by improving transportation capabilities for CV operators, said the company in an exchange filing.

The financing is available for Small, Light, and Intermediate & Heavy Commercial Vehicles from all leading manufacturers, facilitating both new and pre-owned vehicle acquisitions. Additionally, customers will enjoy flexible, structured payment and repayment options.

(more to come)

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